Key Indicator Signals Early Upside Despite Quiet Bitcoin (BTC) Market

Key Indicator Signals Early Upside Despite Quiet Bitcoin (BTC) Market

Bitcoin reached a record high of almost $112,000 on May 22 and has remained relatively close to that mark ever since, keeping investors on edge for a potential breakout. Despite subdued market activity, the Bitcoin Combined Market Index (BCMI) indicates a shift in sentiment. Accumulation Signals As of May 29, 2025, the 7-day simple moving average (SMA) of the BCMI has rebounded sharply to around 0.6, which, according to CryptoQuant, suggests an …

Early Accumulation Phase? New Data Signals Uptick in Bitcoin Market Sentiment

The analysis centers on the Bitcoin Composite Market Indicator (BCMI), a proprietary metric that blends multiple key on-chain indicators. It includes the Market Value to Realized Value (MVRV) weighted at 30%, Net Unrealized Profit/Loss (NUPL) at 25%, Spent Output Profit Ratio (SOPR) at 25%, and the Fear & Greed Index, which contributes 20%. Signal thresholds within the BCMI are clearly defined. When the indicator falls below 0.15, it signals a p…

Bitcoin Price Shows Strength as BCMI Signals Early Accumulation Phase

The post Bitcoin Price Shows Strength as BCMI Signals Early Accumulation Phase appeared first on Coinpedia Fintech News A new update from crypto analyst Woominkyu highlights a sharp rebound in the Bitcoin Combined Market Index. This suggests that the Bitcoin market may be entering an early accumulat...